Category: Markets
Sri Lanka stocks close higher 0.03-pct
May 28, 2015 (LBO) – Sri Lanka’s stocks closed higher 0.03 percent with foreigners continuing to be net sellers for a third consecutive day, brokers said. The Colombo benchmark All Share Price Index closed 2.21 points higher at 7,255.71 up 0.03 percent. The S&P SL20 closed 4.18 points higher at 4,035.04 up 0.10 percent. Turnover […]
‘s CSE says 25-pct price appreciation in 28 companies
May 28, 2015 (LBO) – Sri Lanka’s stock exchange has witnessed a number of stocks appreciate in price during the first few months of this year, with nearly 87 stocks showing an increase in price of over 5 percent, of which nearly 28 stocks have shown a price appreciation of 25 percent. Releasing a midyear […]
Sri Lanka stocks close down despite T-Bill yield drop and dividend announcements
May 27, 2015 (LBO) – Sri Lanka’s stocks closed lower for a third consecutive day despite a Treasury bill rate drop with investors taking profits, brokers said. The Colombo benchmark All Share Price Index closed 8.28 points lower at 7,253.50 down 0.11 percent. The S&P SL20 closed 6.95 points lower at 4,030.86 down 0.17 percent. […]
Sri Lanka stocks slump with investors taking profits
May 26, 2015 (LBO) – Sri Lanka’s stocks closed down 22.98 points with investors taking profits, brokers said. The Colombo benchmark All Share Price Index closed 22.98 points lower at 7,261.78 down 0.32 percent. The S&P SL20 closed 16.01 points lower at 4,037. 81 down 0.39 percent. Turnover was 1.18 billion rupees up from 763 […]
Sri Lanka’s stocks surge on positive earnings reports
May 22, 2015 (LBO) – Sri Lanka’s stocks rose 15.04 points, Friday following a slump yesterday mainly due to positive earnings reports and dividend announcements, brokers said. The All Share Price Index rose 15.04 points (0.21%) to end at 7,288.74 while the S&P SL 20 index dipped by 1.49 points (0.04%) to end at 4,067.14. […]
Sri Lanka should move from debt finance led growth to export and FDI directed growth: Saman Kelegama
May 22, 2015 (LBO) – Sri Lanka’s economy should move towards export and foreign direct investment led growth, to maintain a sustainable growth, a senior economist said. “Sri Lanka needs to shift from debt finance investment and consumption led growth to a more export and foreign direct investment led growth,” Saman Kelegama, Executive Director, Institute […]
Sri Lanka stocks close down 0.22-pct
May 21, 2015 (LBO) – Sri Lanka’s stocks closed down 0.22 percent with investors taking profits and losses in the food and beverage stocks, brokers said. The Colombo benchmark All Share Price Index closed 16.08 points lower at 7,273.69 down 0.22 percent. The S&P SL20 closed 10.55 points lower at 4,062.97 down 0.26 percent. Turnover […]
Sri Lanka stocks close up at 0.15-pct
May 19, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.15 percent with gains seen in some of the banking and conglomerate stocks, brokers said. The Colombo benchmark All Share Price Index closed 11.18 points higher at 7,266.20 up 0.15 percent. The S&P SL20 closed 9.15 points higher at 4,046.83 up 0.24 percent. Turnover […]
Sri Lanka stocks close lower at 0.05-pct
May 18, 2015 (LBO) – Sri Lanka’s stocks closed lower at 0.05 percent with the prevailing political uncertainty affecting investor sentiment, brokers said. The Colombo benchmark All Share Price Index closed 3.65 points lower at 7,255.02 down 0.05 percent. The S&P SL20 closed 11.94 points lower at 4,038.74 down 0.29 percent. Turnover was 1.1 billion […]
Sri Lanka stocks close up at 0.3-pct
May 15, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.30 percent with finance sector and some index heavy stocks trading actively, brokers said. The Colombo benchmark All Share Price Index closed21.80 points higher at 7,258.67 up 0.30 percent. The S&P SL20 closed 6.54 points higher at 4,050.14 up 0.16 percent. Turnover was 1.08 […]
Sri Lanka’s CSE turnover crosses Rs5bn during mid-day trade boosted by Ceylinco deal
May 14, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange crossed the five billion rupees turnover mark during mid-day trade with a large block trade reported at Ceylinco Insurance, brokers said.Over 2.1 million shares of Ceylinco Insurance at 1,602.00 rupees per share were traded through SMB Securities with over 3.5 billion rupees added to the […]
Sri Lanka stocks close down at 0.2-pct
May 13, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.19 percent with banking sector and some index heavy stocks recording losses, brokers said. The Colombo benchmark All Share Price Index closed 13.56 points lower at 7,245.05 down 0.19 percent. The S&P SL20 closed 12.71 points lower at 4,060.85 down 0.31 percent. Turnover was […]